How to lose $195,000 in 10 days…

So I chose a wall street darling stock to play, which reported this afternoon, LNKD.

Big mistake again.

I initially went short, as a revenge trade on social media stocks… But kept flip flopping long/short through the trading day, as I got nervous about the price action. Losing confidence with each loss makes for bad trading decisions…

SHORT 1500 LNKD @ $220.45COVER 1500 LNKD @ $223.39$4360 LOSS

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BUY 1500 LNKD @ $223.49SELL 1500 LNKD @ $220.05$2178 LOSS

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SHORT 1500 LNKD @ $222.10COVER 1500 LNKD @ $223.30$1665 LOSS

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Finally, at 3:59 in the final minute before the closing bell, opened a long position again, as I saw some strength building up:

BUY 1500 LNKD @ $223.35

Sure enough, right on cue, stock popped higher on earnings beat, then tanked 5 minutes later… Took it on the chin and sold out in after-hours.